Zoje Resources Investment Balance Sheet Health
Financial Health criteria checks 5/6
Zoje Resources Investment has a total shareholder equity of CN¥635.6M and total debt of CN¥11.8M, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are CN¥921.6M and CN¥286.0M respectively. Zoje Resources Investment's EBIT is CN¥2.4M making its interest coverage ratio -0. It has cash and short-term investments of CN¥122.3M.
Key information
1.9%
Debt to equity ratio
CN¥11.77m
Debt
| Interest coverage ratio | -0.004x |
| Cash | CN¥122.33m |
| Equity | CN¥635.57m |
| Total liabilities | CN¥286.00m |
| Total assets | CN¥921.57m |
Recent financial health updates
No updates
Recent updates
Optimistic Investors Push Zoje Resources Investment Co., Ltd. (SZSE:002021) Shares Up 37% But Growth Is Lacking
Oct 08
Zoje Resources Investment Co., Ltd.'s (SZSE:002021) Shares Climb 28% But Its Business Is Yet to Catch Up
May 21Some Confidence Is Lacking In Zoje Resources Investment Co., Ltd. (SZSE:002021) As Shares Slide 26%
Feb 28Financial Position Analysis
Short Term Liabilities: 002021's short term assets (CN¥648.3M) exceed its short term liabilities (CN¥281.3M).
Long Term Liabilities: 002021's short term assets (CN¥648.3M) exceed its long term liabilities (CN¥4.7M).
Debt to Equity History and Analysis
Debt Level: 002021 has more cash than its total debt.
Reducing Debt: 002021's debt to equity ratio has reduced from 23% to 1.9% over the past 5 years.
Debt Coverage: 002021's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002021 earns more interest than it pays, so coverage of interest payments is not a concern.